Question: What is service level? Question 1 0 1 options: The chance of stockpiling. something that should be minimized in retail. The chance of stocking out.

What is service level?
Question 101 options:
The chance of stockpiling.
something that should be minimized in retail.
The chance of stocking out.
calculated as the cost of a shortage divided by (the cost of overage + the cost of shortage) for single- period models.
not related to the concept of stocking out.

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